Hertz Pursues $700 Million Secured Debt Sale Amidst Setbacks in Electric Vehicle Transition
Thursday, 6 June 2024, 17:28
Hertz Pursuing $700 Million Secured Debt Sale
Hertz, a key player in the car rental industry, has set its sights on raising $700 million through a secured debt sale to bolster its financial position.
Challenges in Electric Vehicle Transition
Hertz is facing hurdles in its transition towards electric vehicles, a move aimed at aligning with sustainable transport trends in the industry.
- Secured Debt Sale: Despite obstacles, the company remains focused on securing the necessary funds.
- Future Sustainability: Hertz's commitment to sustainable transportation underscores its long-term vision.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.